Pressure Sensitive Adhesives Market Analysis 2020 | 3M (US), Nitto Denko Corporation (Japan), Tesa SE (Germany), Lintec Corporation (Japan), Intertape Polymer Group, Inc. (Canada)
Pressure Sensitive Market Scenario: Market Research Future (MRFR) believes that the pressure-sensitive adhesives market will procure a CAGR of 6.10% between 2020 and 2027 (appraisal period). Major Drivers and Challenges The global market for pressure-sensitive adhesives is favored by the heightened demand in the packaging industry. Pressure-sensitive adhesives are user-friendly and effectively address numerous adhesion challenges in different coatings and substrates in the packaging sector. Packaging needs are increasingly growing complex, particularly in the food and beverage field, owing to the escalating competition. This is bound to open up favorable avenues for the global market as the demand will rise since PSAs have the ability to cater to these complex needs. Segmental Review The Pressure Sensitive Adhesives Market industry has been divided with respect to technology, product, and end-user. The report has analyzed a few major technologies, namely solvent-based, water-ba